Yemen Monitor / Newsroom:
The Yemeni government has issued a warning against the Houthi group’s reported attempts to sell off assets of private banks in areas under their control, describing the move as a “serious violation that threatens the country’s financial and banking stability.”
In a statement published by the Ministry of Information on “X,” Minister Muammar Al-Eryani condemned the measure, calling it an “act of retaliation and theft” that reflects the militia’s disregard for the law and principles of governance.
The minister stressed that any transactions involving these assets—whether through sale, purchase, or mortgage—are legally void and carry no legal weight. He warned citizens, businesspeople, and companies against engaging in such deals.
Al-Eryani further explained that direct or indirect participation in these operations constitutes an act of financing terrorism, potentially exposing those involved to legal prosecution both domestically and internationally, including being placed on sanctions lists and having their assets frozen.
The minister concluded by reaffirming the Yemeni government’s commitment—under its constitutional responsibilities—to protect the banking system and ensure the rights of depositors and shareholders. He stated that the government will take all necessary legal measures to confront these actions.
